Comments
India Motor Parts & Accessories Ltd (IMPAL), part of T S Santhanam Group (a faction of the larger TVS Group of Companies), has reported a standalone profit after tax of ₹19 crore for the quarter ended March 31, 2024, compared with ₹26 crore in the year-ago quarter.
The board has recommended a final dividend of ₹18 per equity share of ₹10 each (180 per cent) for FY24. It had declared an interim dividend of ₹9 per equity share earlier. So, the total dividend works out to ₹27 per share on a paid-up share capital of ₹12.48 crore.
Its revenue from operations was higher by 5 per cent at ₹175 crore (₹166 crore).
Also read: Zoho’s Sridhar Vembu could foray into semiconductor market with an investment of $700 million
On a consolidated basis, its profit after tax increased to ₹20 crore (₹25 crore). Revenue was higher at ₹179 crore (₹170 crore).
Annual results
For the year ended March 31, 2024, the company’s standalone PAT stood at ₹73 crore (₹74 crore). Revenue from operations was higher at ₹725 crore (₹708 crore).
On a consolidated basis, the company’s PAT stood at ₹74 crore in FY24 (₹75 crore) in FY23. Revenue increased to ₹741 crore (₹726 crore).
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.